Pound sterling / Colombian peso

The British Pound Sterling (GBP) is the official currency of the United Kingdom and its territories. In terms of investing and financial markets, GBP is widely used to buy and sell investments and securities. GBP is also accepted as a form of payment for services and goods, and it is often used as a reserve currency when individuals or organizations want to reduce their exposure to foreign exchange rate risk. The Pound Sterling is also used as a benchmark for other currencies, as it provides a stable store of value and is seen as a safe-haven asset. Overall, the British Pound Sterling is an important and widely-used currency in the investing and financial markets.